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Home2018February

Month: February 2018

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Power

SECI issues tenders for 160 MW of solar-wind hybrid plants

February 4, 2018

The Solar Energy Corporation of India has issued a tender for large-scale solar-wind hybrid power plants with an aggregate capacity of 160 MW to be set up in Andhra Pradesh. The plants (along with an […]

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Power

NTPC receives proposals for acquisition of stranded TPPs

February 4, 2018

NTPC Limited has received expressions of interest from various companies and financial institutions for the acquisition of coal-based power projects in response to a tender issued in November 2017. Jaiprakash Power Ventures Limited has offered […]

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Power

APGENCO moves NCLT over recovery of dues from TSNPDCL

February 4, 2018

Andhra Pradesh Power Generation Corporation Limited (APGENCO) has moved the National Company Law Tribunal (NCLT) to recover arrears from Telangana State Northern Power Distribution Company Limited (TSNPDCL). Reportedly, arrears worth Rs 37 billion are pending […]

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Power

Adani Power seeks approval to set up SEZ in Jharkhand

February 4, 2018

Adani Power Limited has sought the approval of the Ministry of Commerce and Industry for setting up an SEZ for the power sector in Jharkhand. The SEZ will be set up over an area of […]

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Ports & Shipping

Cabinet approves incorporation of amendments in the Major Port Authorities Bill, 2016

February 4, 2018

The cabinet approved the incorporation of the official amendments in the Major Port Authorities Bill, 2016, on February 7, 2018. The amendments are based on the recommendations of the parliamentary standing committee and are expected […]

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Ports & Shipping

Indian ports handled 560.98 mt of traffic during April-January 2017-18

February 4, 2018

During the first 10 months (April-January) of the current fiscal year (2017-18), Indian major ports handled 560.98 mt of traffic, compared to the 536.42 mt handled in the corresponding period of 2016-17, registering an increase […]

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Ports & Shipping

JNPT commences operations on fourth container terminal, Phase I

February 4, 2018

The Jawaharlal Nehru Port Trust (JNPT) has commenced operations on Phase I of the fourth container terminal – the Bharat Mumbai Container Terminal. With the formal inauguration likely to be held by end-February 2018, the […]

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Ports & Shipping

Maharashtra government approves JNPT to be SPA for SEZ development

February 4, 2018

The Maharashtra government has given approval to JNPT to be the special planning authority (SPA) for the special economic zone (SEZ) project at the port. The SPA status will enable JNPT to take decisions on […]

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Ports & Shipping

VOC signs concession agreement for development of shallow draught berth

February 4, 2018

V.O. Chidambaranar Port (VOC) has signed a concession agreement for the development of a shallow draught berth for handling construction materials. Tuticorin-based Indian Port Terminals Private Limited will be developing the berth on a PPP […]

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Ports & Shipping

NBWL gives clearance to CSL to utilise IPO funds for ISRF project

February 4, 2018

Cochin Shipyard Limited (CSL) has received clearance from the National Board of Wildlife (NBWL) of the Ministry of Environment, Forest and Climate Change to utilise the funds raised through its initial public offering (IPO) for […]

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Ports & Shipping

IWAI signs agreement for JMVP implementation

February 4, 2018

The Inland Waterways Authority of India (IWAI) has signed an agreement worth Rs 24.14 billion ($375 million) with the World Bank for the implementation of the Jal Marg Vikas Project (JMVP). Following this, the World […]

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Ports & Shipping

Government lays foundation stone for Ghazipur intermodal terminal

February 4, 2018

The central government laid the foundation stone for the intermodal terminal at Ghazipur in Uttar Pradesh on January 25, 2017. The terminal will be constructed under the JMVP that aims to augment capacity of NW-1. […]

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Oil and Gas

55 exploration blocks auctioned in the first bid round under HELP

February 4, 2018

The government put 55 exploration blocks up for auction on January 18, 2018, in the first bid round under the new Hydrocarbon Exploration and Licensing Policy (HELP). HELP allows companies to carve out blocks of […]

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Oil and Gas

India needs to increase refining capacity to 600 mt by 2040 to meet rising demand

February 4, 2018

According to the Ministry of Petroleum and Natural Gas (MoPNG), the country will have to add about 20 million tonnes (mt) of refining capacity every two-three years to achieve the target of 600 mt capacity […]

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Oil and Gas

New gas pipeline to be set up in the Northeast

February 4, 2018

The centre has agreed in principle to set up a gas pipeline from Barauni in Bihar to Guwahati in Assam at an estimated cost of Rs 40 billion. The pipeline will be connected with the […]

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Oil and Gas

Increased budgetary expenditure for MoPNG in Union Budget 2018-19

February 4, 2018

Under the Union Budget 2018-19, the government has proposed an expenditure of Rs 311.01 billion (budget estimate) for the MoPNG during 2018-19. This is an increase of Rs 19.44 billion from the Rs 291.57 billion […]

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Oil and Gas

ONGC buys government’s entire 51.11 per cent stake in oil refiner HPCL

February 4, 2018

The Oil and Natural Gas Corporation (ONGC) bought the government’s entire 51.11 per cent stake in oil refiner Hindustan Petroleum Corporation Limited (HPCL) for Rs 369.15 billion on January 31, 2018. ONGC bought 778.8 million […]

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Oil and Gas

India to put 60 discovered small oil and gas fields on auction

February 4, 2018

India will put 60 discovered small oil and gas fields on auction. The fields have the potential to produce 194.65 mt of oil and oil equivalent gas. The blocks that will be auctioned were originally […]

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Aviation

Union government proposed new scheme – NextGen Airports – in Budget 2018-19

February 4, 2018

In Budget 2018-19, the central government has proposed a new scheme called NextGen Airports for Bharat [NABH] Nirman to expand the existing airport capacity by more than five times so as to handle a billion […]

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Aviation

Government awards 325 more routes under RCS Phase II

February 4, 2018

The central government has awarded another 325 routes to airlines and helicopter operators under the Regional Connectivity Scheme (RCS) Phase II with an emphasis on enhancing flight services to hilly and remote areas, including Kargil. […]

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